Global oil demand could fall by 2.5 million barrels per day as coronavirus cases surge in several countries, including the U.S., according to a new report.

If coronavirus-stricken regions impose new restrictions on business and travel, global oil demand could fall to 86.6 million barrels per day, down from the current 89 million barrels per day, a report from Rystad Energy said. The Norwegian energy research firm doesn’t expect global demand to drop as much as it did in April, when widespread lockdowns plunged oil demand to 73.7 million barrels per day, down from about 100 million barrels before the pandemic hit.

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If coronavirus cases continue to rise, global oil demand will

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